To management our finances it’s a simple but hard to do. This is because so many people who are controlled by money, and very few people who can control the money. So that consumer culture is very rampant now. Saving trend is still there but it was rarely. Bank account sometimes only a transit point for money. Now, how to manage money with a better solution? following brief review.
Make a few posts that will finance you to in accordance with their respective percentage of your net income. As for postal mail is:
20% to invest/savings
50% for living expenses
20% for monthly bills
10% for entertainment
Investment or savings account is a post that you intended for long-term, but did not rule out also to be used in emergencies or urgent.
Cost of living is your regular expenses to finance the needs of your household daily in a month, but are distinguished by postal monthly bill in order to be able to restrict and monitor usage of households in need in the form of monthly bills.
Monthly bills can be like electricity bills, water, telephone, cable tv and so forth.
Entertainment, this post gives you a chance to pamper yourself but of course with the percentage of posts within your capabilities.
To post living expenses, monthly bills and entertainment can be arranged with no rigid in terms of percentage distribution. But for investment, the percentage is expected to be standard in your financial system, for the sake of your well-being.
Let's count your money. For example, if your income is 2 (two) thousand dollars. So the posts that you will create and implement the following:
Investment/savings : 20% x $2000 =$ 400,-
Living expenses : 50% x $2000 =$ 1.000,-
monthly bills : 20% x $2000 =$ 400,-
Entertainment : 10% x $2000 =$ 200,-
Within five years you will gain savings = 60 month x $. 400,- = $.24.000,-
Do it with strict rules above. Good financial management will make you lucky you and your family. (kus)
Make a few posts that will finance you to in accordance with their respective percentage of your net income. As for postal mail is:
20% to invest/savings
50% for living expenses
20% for monthly bills
10% for entertainment
Investment or savings account is a post that you intended for long-term, but did not rule out also to be used in emergencies or urgent.
Cost of living is your regular expenses to finance the needs of your household daily in a month, but are distinguished by postal monthly bill in order to be able to restrict and monitor usage of households in need in the form of monthly bills.
Monthly bills can be like electricity bills, water, telephone, cable tv and so forth.
Entertainment, this post gives you a chance to pamper yourself but of course with the percentage of posts within your capabilities.
To post living expenses, monthly bills and entertainment can be arranged with no rigid in terms of percentage distribution. But for investment, the percentage is expected to be standard in your financial system, for the sake of your well-being.
Let's count your money. For example, if your income is 2 (two) thousand dollars. So the posts that you will create and implement the following:
Investment/savings : 20% x $2000 =$ 400,-
Living expenses : 50% x $2000 =$ 1.000,-
monthly bills : 20% x $2000 =$ 400,-
Entertainment : 10% x $2000 =$ 200,-
Within five years you will gain savings = 60 month x $. 400,- = $.24.000,-
Do it with strict rules above. Good financial management will make you lucky you and your family. (kus)
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